Piedmont Journalism Foundation

Analysis

Piedmont Journalism Foundation is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Piedmont Journalism Foundation reported income of $280k and spending of $112k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $280k (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 139%. Over the whole period it spent 32% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Piedmont Journalism Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Mount Vernon Downtown Association ($280k), Jeff Weikert Consulting Inc ($281k) and Cornucopia Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $814k against liabilities of $0, net assets of $814k.